In May 2013 we will send lodgment alert letters with a list of your clients, who have overdue lodgment obligations. They may be subject to follow up activity if they do not lodge.
The letter provides a list of companies, trusts, self-managed superannuation funds, partnerships and individual clients with:
- overdue income tax returns for all income years
- activity statements between 1 July 2006 and 31 January 2013.
Remember to lodge any additional overdue forms for entities who may be linked to these clients - for example, beneficiaries of trusts or directors of companies.
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Documents that remain unlodged may be subject to:
- penalties
- default assessment
- referral for prosecution action.
Charges may be applied for late payment of any outstanding amounts. Court fines may also apply if prosecution action is taken.
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What we want you to do
Review the requirement of your clients to lodge the documents and assist them to:
- complete and lodge overdue documents
- submit a nil activity statement or Return not necessary advice where there is no reportable activity or income. This will prevent further unnecessary contact from us.
If a client no longer uses your services, delete them from your client list and if possible provide their last known address details, via:
- the Tax Agent Portal
- the BAS Agent Portal
- the electronic lodgment service (ELS).
If you have already lodged or recently deleted a client
If you have lodged overdue forms for clients listed on the lodgment alert in the weeks or days before receiving this letter, then no further action is required for those clients' listed obligations.
If you have recently deleted a client from your client listing, their overdue obligations may appear on this list due to timing issues. No further action is required in relation to these clients.
Important information for your super fund clients
If the fund has ceased operating, your client needs to tell us when the fund was wound up.
They need to lodge returns for each year of operation, up to and including the year in which they ceased to operate.
Last Modified: Friday, 10 May 2013